Articles Tagged with ''risk management''
Savvy producers should focus on improving financial strategies for better profits. Actions such as reviewing and updating business plans, and evaluating asset turnover rates can lead to lasting success.
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Dairy risk management calendar: April 2024
Progressive Dairy provides monthly online updates of important dates, reports and advice affecting risk management decisions.
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Economic Update: Congress releases first six budget bills, including agriculture
The all-milk and mailbox price spread widened last November while FSA interest rates continue downward this month.
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Look for 2024 DMC program enrollment details early next year
As we saw in recent years, using beginning of the year milk and feed price forecasts to determine DMC participation can be risky.
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Moo-ving forward: Navigating challenges and celebrating successes in Idaho's dairy industry
The last couple of years have been tough on Idaho’s dairy industry. However, despite recent hardships, resilience, innovation and optimism prevail, shaping a robust future for producers and processors statewide.
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The new metrics for high-functioning farms
Environmental, social and governance (ESG); labor concerns and risk management are common topics on dairy producers’ minds lately. Learn how each of these areas can assist in your farm management decisions.
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Weekly Digest: Final decision issued for Southeast FMMOs
Meanwhile, the national hearing on Federal Milk Marketing Order (FMMO) pricing formulas resumes this week at a new location.
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October DMC margin hits 10-month high at $9.44 per cwt
Overall U.S. average feed costs were lower and milk prices were up, pushing the milk income margin to the highest level since December 2022.
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